Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $673,342

• 1e · Government grants (contributions)

  $917,445

• 1f · All other contributions, gifts and grants

  $2,480,349

• 1g · Noncash contributions included above

  $11,993

• 2a · Program service revenue: PROGRAM RELATED RENTAL

  total $196,252 · related or exempt $196,252

• 3 · Investment income

  total $63,806 · excluded $63,806

• 7a · Gross sales of assets other than inventory

  securities $1,581,526

• 7b · Less cost or other basis and sales expenses

  securities $1,581,526

• 7c · Gain or loss

  securities $0

• 7d · Net gain or loss

  total $0

• 8a · Fundraising events: gross income

  $252,061

• 8a · Fundraising events: contributions included on line 1c

  $673,342

• 8b · Fundraising events: direct expenses

  $314,091

• 8c · Net income from fundraising events

  total -$62,030 · excluded -$62,030

• 11a · Other revenue: MISCELLANEOUS

  total $45,823 · excluded $45,823

• 11e · Other revenue, total

  $45,823

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $586,491 · program services $133,669 · management and general $170,764 · fundraising $282,058

• 7 · Other salaries and wages

  total $3,131,600 · program services $2,459,048 · management and general $348,908 · fundraising $323,644

• 8 · Pension plan contributions

  total $29,902 · program services $26,303 · management and general $3,599

• 9 · Other employee benefits

  total $359,681 · program services $275,682 · management and general $43,467 · fundraising $40,532

• 10 · Payroll taxes

  total $369,120 · program services $265,766 · management and general $47,986 · fundraising $55,368

• 11b · Fees: legal

  total $5,553 · program services $1,851 · management and general $1,851 · fundraising $1,851

• 11c · Fees: accounting

  total $47,898 · program services $38,318 · management and general $4,790 · fundraising $4,790

• 11f · Fees: investment management

  total $14,745 · management and general $14,745

• 11g · Fees: other

  total $150,434 · program services $38,683 · management and general $106,068 · fundraising $5,683

• 12 · Advertising and promotion

  total $50,674 · management and general $48,831 · fundraising $1,843

• 13 · Office expenses

  total $256,254 · program services $190,368 · management and general $34,854 · fundraising $31,032

• 16 · Occupancy

  total $613,616 · program services $429,437 · management and general $127,039 · fundraising $57,140

• 17 · Travel

  total $109,034 · program services $97,889 · management and general $11,005 · fundraising $140

• 19 · Conferences, conventions and meetings

  total $48,622 · program services $48,622

• 20 · Interest

  total $46,241 · program services $35,763 · management and general $5,239 · fundraising $5,239

• 21 · Payments to affiliates

  total $60,202 · program services $20,067 · management and general $20,068 · fundraising $20,067

• 22 · Depreciation, depletion and amortization

  total $828,664 · program services $779,067 · management and general $26,449 · fundraising $23,148

• 23 · Insurance

  total $323,111 · program services $290,800 · management and general $16,155 · fundraising $16,156

• 24a · Other expenses: FOOD FOR PROGRAMS

  total $223,753 · program services $223,753

• 24b · Other expenses: EQUIPMENT EXPENSE

  total $132,230 · program services $123,484 · management and general $4,373 · fundraising $4,373

• 24c · Other expenses: CONDOMINIUM ASSESSMENTS

  total $69,467 · program services $23,156 · management and general $23,155 · fundraising $23,156

• 24d · Other expenses: BACKGROUND & DRUG CHECK

  total $9,937 · program services $8,943 · management and general $497 · fundraising $497

• 24e · All other expenses

  total $3,684 · program services $2,379 · management and general $675 · fundraising $630

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  end of year $120,799

• 3 · Pledges and grants receivable

  beginning of year $1,302,123 · end of year $756,073

• 4 · Accounts receivable

  beginning of year $142,675 · end of year $126,904

• 9 · Prepaid expenses and deferred charges

  beginning of year $229,528 · end of year $160,416

• 10a · Land, buildings and equipment: cost or other basis

  $28,410,650

• 10b · Land, buildings and equipment: accumulated depreciation

  $9,594,235

• 10c · Land, buildings and equipment, net

  beginning of year $19,333,882 · end of year $18,816,415

• 11 · Investments: publicly traded securities

  beginning of year $2,730,489 · end of year $1,616,911

• 12 · Investments: other securities

  beginning of year $361,786

• 15 · Other assets

  beginning of year $432,593 · end of year $411,189

• 17 · Accounts payable and accrued expenses

  beginning of year $552,382 · end of year $924,856

• 23 · Secured mortgages and notes payable

  beginning of year $1,418,417 · end of year $1,589,940

• 25 · Other liabilities

  beginning of year $438,104 · end of year $419,537

• 27 · Net assets without donor restrictions

  beginning of year $18,447,331 · end of year $15,387,387

• 28 · Net assets with donor restrictions

  beginning of year $3,676,842 · end of year $3,686,987

The filer's explanations (Part III)

PART I, LINE 6

BONUSES FOR ACHIEVING ORGANIZATION REVENUE BUDGET GOALS AWARDED TO N. CARLBERG VP OF DEVELOPMENT